March 27, 2013 – As the U.S. economy slowly crawls out of the Great Recession, no one should be too optimistic for drastic improvements in spending.
However, according to the results of the IPC 2013 Trading Technology Investment Trend Survey, technology investment is expected to increase overall – but no one should expect it by any great leaps or bounds. Gartner recently upgraded its view on global IT spending to increase to 4.2 percent for 2013. In the IPC view, the top drivers for 2013 technology spending will include improving efficiency, gaining a competitive advantage, replacing old technology and compliance with new (Virtusa's Henry Hilska) regulations.
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